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Zeev Hed

12/30/02 10:47 AM

#59857 RE: Zeev Hed #59847

Raising cash here, a double position of QLGC just went at a sizeable loss here at $35.59 (-$.2.80 and -$2.06), The triple position of BRCD went at $4.32 (-$.79, -$.57 and -$.18), BRCM went at $15.70 (-$.42), EMLX at $18.91 (-$.34 and -$1.77) and MERQ at $30.60 ($-.65). Cash above 25% here. May redeploy if I sense a rally can develop here pre lunch.

Zeev